Crush Liberalism

Liberalism: Why think when you can “feel”?

Why the Obama stimulus was a massive failure

Observe:

Sums Tina Korbe:

Theoretically, for the stimulus to have worked, the government would have had to target idle resources. Instead, the government funneled money into already-existing government contracts. Similarly, for the stimulus to have worked, state leaders would have had to spend stimulus money on top of what they were already spending. All too often, they used stimulus dollars to cover general expenses rather than to increase overall spending.

Takeaway line from video: “The main lesson of the stimulus is creating jobs is a very complex process and, certainly, it can’t be directed by a top-down institution that pretty much fails at everything it does”.

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December 12, 2011 - Posted by | big government, economic ignorance, Obama

2 Comments »

  1. Pretty much an Econ101 lesson for the administration, if they wanted to learn anything. I guess not, cuz they wanna do it again, and again, ad nauseaum.
    Side note: look at Joe’s face. Reminds me of one of the dummies used by that ventriloquist whose name escapes me at the moment.
    Liberalism is a mental disorder.

    Comment by J. Guidry, Battlefield, MO. | December 12, 2011

  2. JG, they know the lesson…they just don’t care. Promise (falsely) a meager handout-sustained existence, and many will trade their votes in for it. Opportunity? Heck NO! Just promise (again, falsely) enough scraps to get by with the occasional bonus to by an iPod or something…that’s the liberal way.

    Comment by Kevin | December 14, 2011


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